Yes, but if an Rolex has a very addictive and very precise health features...i surely would buy instead of an standard one
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Health is important for all, no matter the age or our income
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TAG Heuer Sales Director Patrick Pruniaux Joins Apple in Run-Up to iWatch Launch [Updated]
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Yes, but if an Rolex has a very addictive and very precise health features...i surely would buy instead of an standard one
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Health is important for all, no matter the age or our income
We'll have to see as we still have no idea exactly what the iWatch will do, how much it will cost or even if it will actually exist.
If a company like Rolex were to offer those type of features I would expect they would have to offer a long term update service to maintain the lifespan of the watch.
The high second hand value of their watches helps them justify the initial cost and adding technology that renders the watch obsolete after only few years wouldn't be acceptable for a company who's products are expected to live longer than the person buying it.
Yea but time is changing, now everything is consumable, i remember how mercedes last for 1 mil km without any major problems, and now every car brand thinking about features and not durability
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what you post is correct about obsolete but this isn't the case with touchscreen vertu ?
With a basic understanding of business strategy, strategic marketing and knowledge of the watch market, you van very well predict what is going to happen.
If Apple will produce an iWatch, it will be aimed at relatively the same market as the samsung watch, but likely with additional health features. Current solid rumors certainly point in that direction. It will be priced above the prices of current android or other OS smart watches, because Apple's consumers have a higher willingness to pay. That means it will be priced anywhere between 200 and 700 dollars depending on features and price tiering.
This means it will not be close to being 10% in price of a true high end watch. The high end watch market is an extremely innovative one. It might not seem like that to people who equate innovation with electronics, but it is the case. Many manufacturers are now looking into ever more complicated movements to satisfy the enormous demands in quality and complexity of their consumers.
The high end watch manufacturers that do produce some electronic watches such as Breitling and Tag Heuer (when it was still high end) are suffering declining sales in those areas, simply because their consumers do not want to pay >2000 USD for a watch that needs battery replacements and will not last long enough to inherit to the kids.
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The high end market will remain the same in the sense that it will be purely automatic and that it will not incorporate electronic components. Their consumers will see it as a devaluation of the brand and will move elsewhere. You cannot equate what has happened in other markets to this market. The demographic that high end watches are aimed at is very conservative in terms of what the brand they spend thousands of dollars on represents. Rolex releasing a digital watch at Baselworld 2015 will see potential customers moving to IWC in a heartbeat. It doesn't work that way, successful Apple iWatch or no.
Yea you live in the past...i don't say that will be a game changer for luxury watches this year or the next...but with all the smartwatch taking upon almost the market, you as aluxury company), you can't stay and make the same idea, because you must have some profit. Look at Vertu...in 2007 i bet you said..Vertu WILL never make a smartphone
Yes, but a Rolex - or Jaeger-LeCoultre, Audemars Piguet, Patek etc - is a mechanical watch and not an electronic device. And it's this that appeals to people.
People buy these watches because of, amongst other reasons, they are pieces of wonderful engineering genius and have amazing histories.
I have no idea what the iWatch will bring to the table, but I seriously doubt that it will have any impact whatsoever on sales of Rolex Submariners or Omega Speedmasters, for instance. Even much cheaper mechanical watches appeal to many people and I think sales of these will still hold up well.
The iWatch will probably, being Apple, sell in unbelievable numbers. But for those interested in mechanical watches it will be in addition to, not replacing, Rolex, Omega, TAG, IWC and the rest.
Mercedes was back 100 years ago a mechanical car...time changes thing, and if you remain behind you company will be bought by someone else or else
TAG Heuer Sales Director Joins Apple in Run-Up to iWatch Launch
Serban, what watches do you have?
Do you really understand the watch market?
Mechanical watches and electronic goods are not similar.
Watches are fashion accessories and status symbols.
Accessories don't become outdated because of electronic technology.
Serban, what watches do you have?
Do you really understand the watch market?
Mechanical watches and electronic goods are not similar.
Watches are fashion accessories and status symbols.
Accessories don't become outdated because of electronic technology.
Perhaps you haven't thought about what people think about watches when buying in the 8k+ segment.
The concept of what you are saying is basically correct in business economics terms but doesn't apply to high end mechanical watches. If you think that it does than you don't understand how this segment of the market works.
People and living generation still buy like me for fashion and for look/durability, BUT our children and generation behind us will never buy those brands just for mechanical and time use...because until 2020 the iwatch and smartwatch will be more fashion and elegant than ever. Look at first iphone and now look at iphone 5 . It's a change in looks design and materials used and materials used for making the iphone
Please, save this forum, and we will talk about what rolex/longines etc will have in 2020 year. You can't keep that price for the same old idea of mechanical thinking when every kid, every adult will want something more
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You don't seem to understand how technology boom up since 2006-2007.
In 18th century was 1 watch made per week HANDCRAFTED i think..know Rolex makes 2.000 per day for example
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You don't seem to understand how technology boom up since 2006-2007.
In 18th century was 1 watch made per week HANDCRAFTED i think..know Rolex makes 2.000 per day for example
Look at who is calling me stupid. If the watch is getting released in September and they are still hiring, does that mean they do not have a sales plan / Personnel to implement the plan? Why would they hire somebody at a late stage unless it is to fire fight? No company with a good plan would hire somebody so high up so late..
A great company is thinking for at least next 5 years so maybe they are hiring for the second generation iwatch
So you are telling me that Apple does not take inputs from the sales manager before making the product but only after the entire thing is made? What is he .. A street seller? I think a smart way would be to get the guy, find out what the jewellers would like in a watch, see how best to implement it and then go to the Jewellers.
No wonder..